Property Detail
Location Address : 318 CARIBBEAN RD
Municipality : PALM BEACH
Parcel Control Number : 50-43-42-34-03-000-0752
Subdivision : BOCA RATONE CO INLET SUB REV LAKE FRONT ADD
Official Records Book/Page : 29541 / 454
Sale Date : 12/14/2017
Legal Description : BOCA RATON CO INLET SUB REV LAKE FRONT ADD SLY 110 FT OF LT 75, LT 88 (LESS NLY 20 FT OF W 3 FT), W 3 FT OF LT 89, LT 93 (LESS SLY 111.50 FT) & PT OF LT E IN OR25844P293)
Owner Information
Owner(s) Mailing Address
FERNANDEZ LILLIAN F &
FERNANDEZ LUIS J
318 CARIBBEAN RD
PALM BEACH FL 33480 3012
Sales Information
Sales Date Price OR Book/Page Sale Type Owner
12/14/2017 $10 29541 / 00454 WARRANTY DEED FERNANDEZ LUIS J &
02/15/2013 $8,002,500 25844 / 00293 WARRANTY DEED 318 CARIBBEAN ROAD HOLDINGS LLC
09/26/2007 $10,500,000 22158 / 00949 WARRANTY DEED CARIBBEAN 318 LLC
05/15/2006 $12,500,000 20360 / 00217 WARRANTY DEED HEITZMAN EVAN W &
Exemption Information
Applicant/Owner(s) Year Detail
FERNANDEZ LILLIAN F & 2026 HOMESTEAD
FERNANDEZ LILLIAN F & 2026 ADDITIONAL HOMESTEAD
FERNANDEZ LUIS J 2026 HOMESTEAD
FERNANDEZ LUIS J 2026 ADDITIONAL HOMESTEAD
Appraisals
Tax Year 2026 2025 2024 2023 2022
Improvement Value $13,661,805 $11,084,930 $9,494,188 $16,882,350 $15,774,349
Land Value $39,112,500 $36,855,000 $33,783,750 $23,075,168 $20,390,625
Total Market Value $52,774,305 $47,939,930 $43,277,938 $39,957,518 $36,164,974
Assessed and Taxable Values
Tax Year 2026 2025 2024 2023 2022
Assessed Value $21,012,648 $20,460,222 $19,883,598 $19,304,464 $18,742,198
Exemption Amount $51,411 $50,722 $50,000 $50,000 $50,000
Taxable Value $20,961,237 $20,409,500 $19,833,598 $19,254,464 $18,692,198
Taxes
Tax Year 2026 2025 2024 2023 2022
AD VALOREM $310,874 $303,631 $295,091 $289,221 $289,800
NON AD VALOREM $0 $0 $0 $0 $0
TOTAL TAX $310,874 $303,631 $295,091 $289,221 $289,800
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov